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S&P Capital IQ Reiterates HOLD on DirecTV (DTV)
February 16, 2012

NEW YORK, February 15 (FinanceEnquiry.com) - Analyst Tuna Amobi of S&P Capital IQ reiterates his HOLD rating on the shares of DirecTV (NASDAQ: DTV).

In a research note published yesterday, the analyst mentions that DirecTV’s Q4 results to be reported on February 16 are expected to be at the higher end of the full year guidance. The company has guided for mid-to-high single digits revenue growth, about 40% for US and Latin America divisions; and EBITDA in mid-to high-single digits and low-to mid-teens. The US market should have added to DirecTV’s pay TV market share while Latin America should have contributed to the operating highlights, the analyst says. The analyst, however, believes that the high subscriber acquisition costs could exert some pressure on profits. S&P Capital IQ believe that DirecTV would update on the deployment of excess cash and product enhancements.
 

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